Development Land in Downtown LA's Famous Chinatown

Summary Description

Condominium development opportunity in Downtown Los Angeles Chinatown.

Property Status: Vacant

Lot Size: 23000 Square Feet

Building Size: 23000 Square Feet

Area Available: 23,000 Square Feet

Features:

• Approximately 23,079 square feet of redevelopment land located at the intersection of Stadium Way and Coronel Street in Chavez Ravine
• Entitled for 14 two-story single family dwellings
• Located on the edge of Chinatown, the subject property benefits from its proximity to famous Los Angeles landmarks such as the Los Angeles Historic State Park, Dodgers Stadium and the Old Chinatown Central Plaza
• Multifamily Projects in the area include: 1111 Sunset, the Jia Apartments and the Orsini Apartments
• Job-Rich Area Underserved By Housing (Jobs To Housing Ratio 16:1)
• Convenient access to the 110 and 101 freeways as well as the Metro Gold Line Chinatown Station
• Convenient access to the 110 and 101 freeways as well as the Metro Gold Line Chinatown Station